SpaceX's revenue surged 92% — but the stock fell after its first earnings report

The company posted $7.8 billion in revenue, topping estimates, but capital expenditures of $18.4 billion rattled investors

Aerospace & Defense IndustriesElon Musk says company will build all AI data centers exclusively on Nvidia chipsSpaceX, which went public in June, has three business segments: space, connectivity and AI. © ReutersYIFAN YUAugust 5, 2026 07:05 JSTPALO ALTO, California -- Elon Musk's SpaceX reported the near doubling of re

The US stock market jumped to records as companies kept piling up profits and oil prices eased, while SpaceX released its first set of earnings since listing.

The US stock market jumped to records as companies kept piling up profits and oil prices eased, while SpaceX released its first set of earnings since listing.

Elon Musk's company has struggled to maintain investor enthusiasm that greeted its stock market debut.

SpaceX reported it lost more than half a billion dollars in its first quarterly report as a public company, but the loss was less than Wall Street expected and revenue soared. The company run by Elon Musk reported a loss of $541 million, or 9 cents per share, in the three months through June, less than half what financ

Elon Musk's rocket, satellite and AI provider reported quarterly revenue of $7.8 billion, topping Wall Street forecasts.

SpaceX revenue jumps 92% but stock tumbles as investors weigh AI spending  CNN

Elon Musk’s company outperformed analyst expectations in second quarter

Pfizer Post Loss on Higher Revenue  WSJ

Two weeks after Tesla's earnings report was panned by Wall Street, Elon Musk faces investors again, but this time to discuss SpaceX's results.